Rating: Egypt Credit Rating 2024

Rating Moody's Egypt

Long term Rating				Short term Rating
Foreign currency		Local currency		Foreign currency		Local currency
Date	Rating(Outlook)	Date	Rating	Date	Rating	Date	Rating
2024-03-07	Caa1 (Positive)
2024-01-18	Caa1 (Negative)
2023-10-05	Caa1 (Stable)
2023-05-09	B3 (Under Review)	2024-03-07	Caa1
2023-02-07	B3 (Stable)	2024-01-18	Caa1
2022-05-26	B2 (Negative)	2023-10-05	Caa1
2021-07-29	B2 (Stable)	2023-05-09	B3
2020-05-11	B2 (Stable)	2023-02-07	B3
2019-04-17	B2 (Stable)	2022-05-26	B2
2018-08-28	B3 (Positive)	2021-07-29	B2
2017-08-18	B3 (Stable)	2020-05-11	B2
2016-08-19	B3 (Stable)	2019-04-17	B2
2015-04-07	B3 (Stable)	2018-08-28	B3
2014-10-20	Caa1 (Stable)	2017-08-18	B3
2013-07-24	Caa1 (Negative)	2016-08-19	B3
2013-03-21	Caa1 (Negative)	2015-04-07	B3
2013-02-12	B3	2014-10-20	Caa1
2013-01-18	(Under Review)	2013-07-24	Caa1
2012-09-12	B2 (Negative)	2013-03-21	Caa1
2011-12-21	B2 (Under Review)	2013-02-12	B3
2011-10-27	B1	2012-09-12	B2
2011-03-16	Ba3	2011-12-21	B2
2011-01-31	Ba2 (Negative)	2011-10-27	B1
2009-08-19	(Stable)	2011-03-16	Ba3
2008-06-23	(Negative)	2011-01-31	Ba2
2003-11-15	(Stable)	2008-06-23	Ba1
1997-11-14	Ba1	2005-05-18	Baa3
1996-10-09	Ba2	1999-03-04	Baa1

Moody's: Long term Rating

Rating S&P Egypt

Long term Rating				Short term Rating
Foreign currency		Local currency		Foreign currency		Local currency
Date	Rating(Outlook)	Date	Rating	Date	Rating	Date	Rating
2024-03-18	B- (Positive)
2023-10-20	B- (Stable)
2023-04-21	B (Negative)
2018-05-11	B (Stable)
2017-11-10	(Positive)
2016-11-11	(Stable)
2016-05-13	(Negative)
2015-11-13	(Stable)
2015-05-15	(Positive)	2024-03-18	B-
2013-11-15	B- (Stable)	2023-10-20	B-
2013-05-09	CCC+ (Stable)	2023-04-21	B
2012-12-24	B- (Negative)	2018-05-11	B
2012-08-23	(Negative)	2013-11-15	B-
2012-06-25	(Negative)	2013-05-09	CCC+
2012-02-10	B (Negative)	2012-12-24	B-
2011-11-24	B+ (Negative)	2012-02-10	B	2013-11-15	B	2013-11-15	B
2011-03-10	(Negative)	2011-11-24	B+	2013-05-09	C	2013-05-09	C
2011-02-01	BB	2011-02-01	BB+	2002-05-22	B	2011-02-01	B

S&P: Long term Rating

Rating Fitch Egypt

Long term Rating				Short term Rating
Foreign currency		Local currency		Foreign currency		Local currency
Date	Rating(Outlook)	Date	Rating	Date	Rating	Date	Rating
		2023-05-05	B
		2019-11-25	B+
		2019-03-21	B+	2019-11-25	B
2023-05-05	B (Negative)	2018-08-06	B	2019-03-21	B
2019-11-25	B+	2018-01-16	B	2018-08-06	B
2019-03-21	B+	2017-06-22	B	2018-01-16	B
2018-08-06	B (Positive)	2016-12-15	B	2017-06-22	B
2018-01-16	B (Positive)	2016-07-22	B	2016-12-15	B
2017-06-22	B (Stable)	2016-05-30	B	2016-07-22	B
2016-12-15	B (Stable)	2015-12-18	B	2016-05-30	B
2016-07-22	B (Stable)	2015-06-19	B	2015-12-18	B
2016-05-30	B (Stable)	2014-12-19	B	2015-06-19	B
2015-12-18	B (Stable)	2014-09-22	B-	2014-12-19	B
2015-06-19	B	2014-09-04	B-	2014-09-22	B
2014-12-19	B	2014-08-13	B-	2014-09-04	B
2014-09-22	B- (Stable)	2014-07-31	B-	2014-08-13	B
2014-09-04	B- (Stable)	2014-07-23	B-	2014-07-31	B
2014-08-13	B- (Stable)	2014-07-07	B-	2014-07-23	B
2014-07-31	B- (Stable)	2014-07-02	B-	2014-07-07	B
2014-07-23	B- (Stable)	2014-06-27	B-	2014-07-02	B
2014-07-07	B- (Stable)	2014-05-27	B-	2014-06-27	B
2014-07-02	B- (Stable)	2014-05-21	B-	2014-05-27	B
2014-06-27	B- (Stable)	2014-05-07	B-	2014-05-21	B
2014-05-27	B- (Stable)	2014-04-16	B-	2014-05-07	B
2014-05-21	B- (Stable)	2014-04-04	B-	2014-04-16	B
2014-05-07	B- (Stable)	2014-03-07	B-	2014-04-04	B
2014-04-16	B- (Stable)	2014-02-26	B-	2014-03-07	B
2014-04-04	B- (Stable)	2014-01-31	B-	2014-02-26	B
2014-03-07	B- (Stable)	2014-01-24	B-	2014-01-31	B
2014-02-26	B- (Stable)	2014-01-03	B-	2014-01-24	B
2014-01-31	B- (Stable)	2013-12-13	B-	2014-01-03	B
2014-01-24	B- (Stable)	2013-11-28	B-	2013-12-13	B
2014-01-03	B- (Stable)	2013-10-23	B-	2013-11-28	B
2013-12-13	B- (Negative)	2013-10-01	B-	2013-10-23	B
2013-11-28	B- (Negative)	2013-08-09	B-	2013-10-01	B
2013-10-23	B- (Negative)	2013-07-29	B-	2013-08-09	B
2013-10-01	B- (Negative)	2013-07-05	B-	2013-07-29	B
2013-08-09	B- (Negative)	2013-06-25	B	2013-07-05	B
2013-07-29	B- (Negative)	2013-06-07	B	2013-06-25	B
2013-07-05	B- (Negative)	2013-05-14	B	2013-06-07	B
2013-06-25	B (Negative)	2013-03-28	B	2013-05-14	B
2013-06-07	B (Negative)	2013-03-06	B	2013-03-28	B
2013-05-14	B (Negative)	2013-02-19	B	2013-03-06	B
2013-03-28	B (Negative)	2013-02-08	B	2013-02-19	B
2013-03-06	B (Negative)	2012-10-26	B+	2013-02-08	B
2012-08-17	B+ (Negative)	2012-08-17	B+	2012-10-26	B
2012-07-11	B+ (Negative)	2012-07-11	B+	2012-08-17	B
2012-05-29	BB- (Negative)	2012-05-29	BB	2012-07-11	B
2012-04-25	BB- (Negative)	2012-04-25	BB	2012-05-29	B
2012-02-21	BB- (Negative)	2012-02-21	BB	2012-04-25	B
2012-01-23	BB- (Negative)	2012-01-23	BB	2012-02-21	B
2011-12-30	BB- (Negative)	2011-12-30	BB	2012-01-23	B
2011-10-20	BB (Negative)	2011-10-20	BB+	2011-12-30	B
2011-10-05	BB (Negative)	2011-10-05	BB+	2011-10-20	B
2011-06-28	BB (Negative)	2011-06-28	BB+	2011-10-05	B
2011-02-03	BB (Negative)	2011-02-03	BB+	2011-06-28	B
2011-01-28	BB+ (Negative)	2011-01-28	BBB-	2011-02-03	B
2008-08-18	BB+ (Stable)	2008-08-18	BBB-	2011-01-28	B
2007-06-18	BB+ (Positive)	2007-06-18	BBB	2008-08-18	B
2004-12-15	BB+ (Stable)	2004-12-15	BBB	2007-06-18	B
2003-12-02	BB+ (Stable)	2003-12-02	BBB	2004-12-15	B
2002-08-21	BB+ (Stable)	2002-08-21	BBB	2003-12-02	B
2002-01-22	BBB- (Negative)	2002-01-22	BBB+	2002-08-21	B
2001-08-22	BBB- (Stable)	2001-08-22	BBB+	2002-01-22	F3
2000-09-21	BBB- (Stable)	2000-09-21	A-	2001-08-22	F3	2019-11-25	B
1997-08-19	BBB-	1997-08-19	A-	2000-09-21	F3	2019-03-21	B
0000-00-00	B (Stable)	0000-00-00	B	1997-08-19	F3	2018-08-06	B

Fitch: Long term Rating

Grade	Moody's	S&P	Fitch
Prime	Aaa	AAA	AAA
High grade	Aa1	AA+	AA+
	Aa2	AA	AA
	Aa3	AA-	AA-
Upper medium grade	A1	A+	A+
	A2	A	A
	A3	A-	A-
Lower medium grade	Baa1	BBB+	BBB+
	Baa2	BBB	BBB
	Baa3	BBB-	BBB-
Non-investment grade speculative	Ba1	BB+	BB+
	Ba2	BB	BB
	Ba3	BB-	BB-
Highly speculative	B1	B+	B+
	B2	B	B
	B3	B-	B-
Substantial risks	Caa1	CCC+	CCC+
	Caa2	CCC	CCC
	Caa3	CCC-	CCC-
Extremely speculative	Ca	CC	CC
Extremely speculative			C
In default with little prospect for recovery		SD	RD
In default	C	D	D
			DD
			DDD
Not rated	WR	NR

Grade	Moodys	S&P	Fitch
High grade	P-1	A-1+	F1+
Upper medium grade	P-1	A-1	F1
Lower medium grade	P-2	A-2	F2
Non-investment grade speculative	P-3	A-3	F3
Highly speculative		B	B
Extremely speculative	NP	C	C